Odaily News According to CoinGlass data, despite the recent market crash, the contract funding rates of Bitcoin and Ethereum remain bullish. On Tuesday morning, the Bitcoin open interest funding rate was 0.0024%. This indicates that there are more traders opening long positions than short positions. Therefore, the current market sentiment, measured by Bitcoin derivatives activity, is still slightly higher than negative sentiment. The price crash has not completely eliminated the bullish sentiment of Bitcoin holders. (Decrypt)
Bitcoin and Ethereum contract funding rates remain bullish
2024/06/18 20:21
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